Tstc(SH:600552)2020-10-29 16:00Financial Performance - Operating revenue for the first nine months was ¥3,628,196,789.41, reflecting a growth of 17.97% year-on-year[16] - Net profit attributable to shareholders was ¥77,965,178.58, a slight increase of 1.85% compared to the same period last year[16] - The company reported a net profit excluding non-recurring gains and losses of ¥35,927,815.68, an increase of 5.96% year-on-year[16] - Total operating revenue for Q3 2020 reached ¥1,638,198,378.93, a 27.1% increase from ¥1,289,497,179.87 in Q3 2019[39] - Net profit for Q3 2020 was ¥44,095,531.67, compared to ¥29,808,191.36 in Q3 2019, reflecting a 48.1% year-over-year growth[42] - The company reported a total comprehensive income of ¥44,095,531.67 for Q3 2020, compared to ¥29,808,191.36 in Q3 2019, a growth of 48.1%[42] Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,697,455,502.45, an increase of 11.30% compared to the previous year[16] - The company's total assets increased to approximately 5,053.95 million RMB, up from 4,402.46 million RMB, reflecting a growth of 14.77%[31] - Current liabilities rose to ¥3,530,411,899.38, compared to ¥3,203,285,487.12, an increase of about 10.2%[32] - Non-current liabilities increased significantly to ¥1,405,369,301.61 from ¥993,076,526.63, reflecting a growth of approximately 41.6%[32] - Total liabilities reached ¥4,935,781,200.99, up from ¥4,196,362,013.75, marking an increase of around 17.6%[32] - Shareholders' equity totaled ¥2,761,674,301.46, compared to ¥2,719,328,632.94, showing a slight increase of about 1.6%[32] Cash Flow - The net cash flow from operating activities for the first nine months was ¥51,665,286.35, up by 11.82% year-on-year[16] - The cash flow from financing activities saw a net outflow of 213.15 million RMB, an increase of 43.48% compared to the previous period, due to higher debt repayments and dividend distributions[26] - The net cash flow from investing activities improved by 37.59%, with a net outflow of 14.47 million RMB, indicating reduced cash payments related to investment activities[26] - Operating cash inflow for the first three quarters of 2020 was 3,446,736,648.58 CNY, up from 3,141,141,758.09 CNY in 2019, reflecting a growth of approximately 9.7%[44] - The cash flow from financing activities for the first three quarters of 2020 was 162,082,522.88 CNY, down from 339,070,902.92 CNY in 2019, indicating a decrease of about 52.2%[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 34,032[19] - The largest shareholder, Anhui Huaguang Optoelectronic Materials Technology Group Co., Ltd., held 21.83% of the shares[19] Expenses - The company reported a 37.66% increase in sales expenses, totaling 86.17 million RMB, primarily due to higher transportation costs[26] - Financial expenses surged by 85.03%, amounting to 109.59 million RMB, driven by increased foreign exchange losses and interest-bearing liabilities[26] - Research and development expenses increased to ¥64,609,546.06 in Q3 2020, up from ¥42,543,297.79 in Q3 2019, marking a 51.8% increase[39] Other Financial Metrics - Basic earnings per share for the period was ¥0.1021, representing a year-on-year increase of 1.8962%[16] - Basic earnings per share for Q3 2020 was ¥0.0404, compared to ¥0.0328 in Q3 2019, representing a 23.2% increase[42] - The weighted average return on equity decreased by 0.06 percentage points to 3.08%[16] - The company executed new revenue recognition standards, resulting in a 100% increase in contract liabilities to 14.79 million RMB[23] - The development expenditure for new product research increased significantly, with a 100% rise to 2.61 million RMB[23]